Beijing-based Global Mofy Metaverse Limited (NASDAQ:GMM), a technology platform specializing in AI-driven virtual content creation for the metaverse and entertainment industries, reported record financial results for its fiscal year ended September 30, 2025.
Revenue reached $55.9 million, representing a 35.3% increase from the prior year, fueled by growing demand for its AI-powered virtual character and scene generation services.
Gross profit totaled $22.5 million, equating to a gross margin of 40.2%.
On a non-GAAP basis, operating income rose 17.9% to $10.8 million, reflecting improved operational efficiency.
The company reported a GAAP net loss of $19.3 million, or $(1.19) per basic and diluted share, primarily attributable to non-cash accounting adjustments related to warrant liabilities.
Total assets grew 31.9% year-over-year to $78 million, supported by strategic capital investments, including two private placements that raised a combined $8.8 million.
Fiscal 2025 marked significant progress in Global Mofy's transformation into an AI-native production platform.
Key initiatives included the launch of Gauss AI Lab to advance generative AI capabilities, expansion into short-form drama content through the Mofy Clip platform, and a strategic investment in Wetruck AI to bolster transportation-related virtual content solutions.